← United States · Coverage record
US · SEC FORM 4
SAGA COMMUNICATIONS INC
SGA · Nasdaq · CIK 0000886136 · Communication Services · Broadcasting
INSIDER SIGNAL
0 qualifying P purchase groups
in the current 180-day scoring window
0 Form 4 transaction lines observed in the same window
0 sales · 0 option, withholding, award, gift or other lines
WHY NO ACTIVE SIGNAL?
Score anatomy
No score is calculated because there is no qualifying purchase in the active window. Unavailable inputs are not treated as zero or as a bearish signal.
Why is there no score?
- No qualifying open-market purchase supplies cluster, size, role, recency or conviction inputs.
- Sales and other Form 4 activity remain visible as context and do not create a negative score.
Sales and other Form 4 activity are shown separately and do not create a negative buy signal. Absence of buying is not scored as bearish.
Insider activity timeline
No Form 4 transaction event is present in the current 180-day window.
Purchase breadth, concentration & cluster buying
These modules activate when qualifying purchases enter the 180-day research window.
SIGNAL HISTORY
Scores are archived only when the company qualifies for a published US buy-signal snapshot. Last qualifying purchase: 2024-12-31 · GATE CITY CAPITAL MANAGEMENT, LLC.
Recent Form 4 activity
P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.
Market context
Market context has not been captured for this ticker yet. The daily market-context job processes the US universe in rotating batches.
Short interest
Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.
- Shares short
- 13,797
- Previous report
- 9,979
- Avg daily volume
- 12,648
- Days to cover
- 1.1
FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.
Historical equity purchases
Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.
| Transaction date | Reporting owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | GATE CITY CAPITAL MANAGEMENT, LLC | Purchase (P) | Class A Common Stock, $0.01 par value | 240,609 | USD 11.25 | USD 2,706,851 | SEC filing ↗ |
Form 4 evidence
20 transaction lines in the latest 365-day window; 140 in local history.
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-02-25 | Edward K. Christian Trust | Sale (S) | Clas A Common Stock | 5,665 | USD 12.07 | USD 68,377 | SEC filing ↗ |
| 2025-12-15 | Leland Wayne | Tax withholding (F) | Class A Common Stock | 1,912 | USD 11.44 | USD 21,873 | SEC filing ↗ |
| 2025-12-15 | FORGY CHRISTOPHER | Tax withholding (F) | Class A Common Stock | 9,316 | USD 11.44 | USD 106,575 | SEC filing ↗ |
Show recent Form 4 evidence (20 grouped rows)
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-02-25 | Edward K. Christian Trust | Sale (S) | Clas A Common Stock | 5,665 | USD 12.07 | USD 68,377 | SEC filing ↗ |
| 2025-12-15 | Leland Wayne | Tax withholding (F) | Class A Common Stock | 1,912 | USD 11.44 | USD 21,873 | SEC filing ↗ |
| 2025-12-15 | FORGY CHRISTOPHER | Tax withholding (F) | Class A Common Stock | 9,316 | USD 11.44 | USD 106,575 | SEC filing ↗ |
| 2025-12-15 | BUSH SAMUEL D | Tax withholding (F) | Class A Common Stock | 3,216 | USD 11.44 | USD 36,791 | SEC filing ↗ |
| 2025-12-15 | BOBINSKI CATHERINE A | Tax withholding (F) | Class A Common Stock | 2,088 | USD 11.44 | USD 23,887 | SEC filing ↗ |
| 2025-12-10 | Sutherland Gregory David | Award / grant (A) | Class A Common Stock | 1,112 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-10 | Schechter Michael W | Award / grant (A) | Class A Common Stock | 4,446 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-10 | Scafidi Michael | Award / grant (A) | Class A Common Stock | 2,960 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-10 | Leland Wayne | Award / grant (A) | Class A Common Stock | 8,054 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-10 | LADA WARREN S | Award / grant (A) | Class A Common Stock | 4,446 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-10 | FORGY CHRISTOPHER | Award / grant (A) | Class A Common Stock | 30,412 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-10 | Coppedge Roy F III | Award / grant (A) | Class A Common Stock | 4,446 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-10 | Clarke Timothy J. | Award / grant (A) | Class A Common Stock | 4,446 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-10 | BUSH SAMUEL D | Award / grant (A) | Class A Common Stock | 10,319 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-10 | BROWN CLARKE ROGER JR | Award / grant (A) | Class A Common Stock | 4,446 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-10 | BOBINSKI CATHERINE A | Award / grant (A) | Class A Common Stock | 6,292 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-11-06 | Leland Wayne | Tax withholding (F) | Class A Common Stock | 276 | USD 12.11 | USD 3,342 | SEC filing ↗ |
| 2025-11-06 | FORGY CHRISTOPHER | Tax withholding (F) | Class A Common Stock | 760 | USD 12.11 | USD 9,204 | SEC filing ↗ |
| 2025-11-06 | BOBINSKI CATHERINE A | Tax withholding (F) | Class A Common Stock | 564 | USD 12.11 | USD 6,830 | SEC filing ↗ |
| 2025-10-21 | Edward K. Christian Trust | Sale (S) | Class A Common Stock | 1,669 | USD 12.50 | USD 20,862 | SEC filing ↗ |
Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.
Snapshot & identity
| Snapshot date | 2026-10-18 |
|---|---|
| Ranking version | US-v1.2 |
| Data quality | PASS ELIGIBLE · — |
| Ticker | SGA |
| CIK | 0000886136 |
| Sector | Communication Services |
| Industry | Broadcasting Yahoo Finance |
| SEC SIC | 4832 Radio Broadcasting Stations |
| Exchange | Nasdaq |
Data coverage
| Local Form 4 history | 140 transaction lines from 2020-11-06 to 2026-02-25 1 P purchase lines · 53 S sale lines · 86 other lines |
|---|---|
| SEC company submissions | Open SEC filings ↗ |
Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.